OII - Oceaneering International, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Oceaneering International, Inc.

11911 FM 529
Houston, TX 77041
United States
713-329-4500
http://www.oceaneering.com

SectorEnergy
IndustryOil & Gas Equipment & Services
Full Time Employees8,600

Key Executives

NameTitlePayExercisedYear Born
Mr. Roderick A. LarsonPres, CEO & Director1.5MN/A1967
Mr. Alan R. CurtisSr. VP & CFO626.94kN/A1966
Mr. Clyde W. HewlettChief Operating Officer845.75kN/A1955
Mr. David K. LawrenceSr. VP, Gen. Counsel & Sec.566.92kN/A1960
Mr. Stephen P. BarrettSr. VP of Bus. Devel.517.97kN/A1958
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide. The company's Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2018, this segment owned 275 work-class ROVs. The company's Subsea Products segment constructs various specialty subsea hardware products, including subsea umbilicals utilizing steel tubes, thermoplastic hoses, and termination assemblies; tooling, ROV tooling, and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connector and repair systems; subsea and topside control valves; and subsea chemical injection valves, as well as offers riserless light well intervention services. Its Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossing, and umbilical and other subsea equipment installations, and subsea intervention services. The company's Asset Integrity segment offers asset integrity services for the safety of customers' facilities onshore and offshore; third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. Its Advanced Technologies segment provides project management, engineering services, and equipment for applications in non-energy industries. The company was founded in 1964 and is headquartered in Houston, Texas.

Corporate Governance

Oceaneering International, Inc.’s ISS Governance QualityScore as of April 1, 2019 is 5. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.